Moon Valley Landscape Supply completed the following selected transactions during :
View the transactions. credits. Exclude explanations from journal entries.
Jun. : Wrote off Waiten Homes' account as uncollectible after repeated efforts to collect from the company.
tableDateAccounts,Debit,CreditJun
Sept. : Received $ from Waiten Homes along with a letter apologizing for being so late. Reinstated Wail Begin by preparing the entry to Reinstated Waiten Homes' account in full. We will record the cash receipt in a s
tableDateAccounts,Debit,CreditSept
Now prepare the cash receipt from Waiten Homes.
tableDateAccounts,Debit,CreditSept
Transactions
Jan.
Sold merchandise inventory to Waiten Homes, $ on account. Ignore Cost of Goods Sold.
Mar. Sold merchandise inventory to Mathis Landscapes, $ on account. Ignore Cost of Goods Sold.
Apr. Received amount due from Mathis Landscapes.
Jun.
Wrote off Waiten Homes' account as uncollectible after repeated efforts to collect from the company.
Sept. Received $ from Waiten Homes along with a letter apologizing for being so late. Reinstated Waiten Homes' account in full and recorded the cash receipt.
Oct.
Sold merchandise inventory to Avery Landscape Installation Landscape Installation, $ account. Ignore Cost of Goods Sold.
Nov. Avery Landscape Installation declared bankruptcy and Moon Valley Landscape Supply wr off Avery Landscape Installation's account as uncollectible.
Sold merchandise inventory to Ernie Design and Landscape, $ on account. Ignore Cost of Goods Sold.
Dec. Estimated that bad debts expense for the year was $